Underwriter, Insurance Lending Solutions (Contract)

Join a Challenger

At EQ were remaking banking so every Canadian gets ahead every day. Serving nearly 4 million Canadians from coast to coast we offer a wide variety of financial services from banking and lending to trust and credit union solutions.

Weve been at this since 1970 challenging the conventions of traditional banking with smarter faster and more connected financial experiences.

Whats kept us moving The people behind it all: challengers who ask better questions push back on old assumptions and look for a better way forward.

If youre driven to help reshape how banking works for Canadians and the businesses that power our economy this could be your next big opportunity.

We cant wait to get to know you!

The WorkThe Underwriter is responsible for conducting credit reviews across the entire suite of Insurance Lending productswhich includesImmediate Financing Arrangements (IFA) CSV Max and CSV incumbentwillbe responsibleforadjudicatingcorporate and personal credit applicationswhilemaintaining excellentservice levels.

The Core Responsibilities!

• Assessthecredit worthiness of both commercial(corporate)and individual borrowerswhile adhering to the Banks lending guidelinesand policies.
• Provide recommendations and approvals within designated limits. Ensure that approved deals close as scheduled and as efficiently as possible by following up on outstanding conditions/documents and ensuring compliance with established guidelines.
• Demonstrate a comprehensive understanding of the nuances of Whole Life Insurance policies including their structure functionality as well as the impact of future policy changes on the credit portfolio.
• Deliver exceptional customer-centric service to both internal and external stakeholders; participate in sales meetings as required.
• Actively engage in team efforts and support colleagues.
• Maintain a high level of professionalism in all interactions.
• Support other areas within the Growth Business unit as required.

Lets Talk About You!

• Post-secondary educationin business or finance.
• In-depth knowledge of commercial underwriting and financial statements analysis.
• Proficient underwriting skills with a minimum of 1 year of commercial lending experience.
• Insurance lending experience preferred
• Exposure to and knowledge of whole life insurance products is highly preferred.
• Strong analytical and problem-solving skills with the ability to assess credit applications holistically.
• Sound knowledge of AML & ATF practices.
• Excellent time management analytical and problem-solving skills able to handle multiple competing priorities. Ability to make decisions under pressure.
• Proven ability to thrive in a constantly changing environment and to perform well in a high volume high intensity environment.
• Excellent relationship building skills.
• Knowledge of fraud risk in the credit and insurance industries and the ability to address concerns relating to suspected misrepresentation is required.
• A desire and a willingness to join a growing team and evolving product.
• Proficiency in MS Office (mainly MS Word and Excel).
• Mandarin speaking will be an asset.

What we offer For full-time permanent roles Competitive discretionary bonus Market leading RRSP match program Medical dental vision life and disability benefits Employee Share Purchase Plan Maternity/Parental top-up while you care for your little one Generous vacation policy and personal days Virtual events to connect with your fellow colleagues Professional development and comprehensive Career Development program A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experienceThe incumbent will be working hybrid and in office time will be spent working from EQ Banks additional office space located at2200-25 Ontario Street Toronto ON.

Equity Diversity & Inclusion

EQ is committed to building an inclusive accessible environment where every employee feels valued respected and supported. We believe our organization is stronger and our people thrive when we honour and celebrate diverse experiences identities and perspectives. Were equally committed to supporting your growth both professionally and personally.

We provide a barrierfree recruitment process and work environment. If you require accommodations at any stage we will work with you to ensure you can bring your best self to the process and beyond.

As part of our recruitment process EQ uses AI to help screen assess and/or select applicants for this position. All AI-enabled outputs are reviewed and validated by our talent team. All candidates considered for hire must successfully complete a criminal background check and credit check. While we appreciate every application an EQ recruiter will contact only those whose skills and experience most closely match the requirements of the role.


EQB Inc. (TSX: EQB) is the parent company of Equitable Bank the countrys seventh-largest Schedule I bank by assets which operates EQ Bank Canadas Challenger Bank. EQB Inc. serves nearly 4 million Canadians and manages approximately $150 billion in combined assets under management and administration.

To learn more visit and .

We may use artificial intelligence (AI) tools to support parts of the hiring process such as reviewing applications analyzing resumes or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed please contact us.
Employment Type : Contract
Experience: years
Vacancy: 1